FDR: “Well, your profits are going to be cut down to a reasonably low level…”

On the record

Well, your profits are going to be cut down to a reasonably low level by taxation.

Said by

Democratic · New York

Source

Roosevelt emphasizes the impact of taxation on business profits during wartime.

More from FDR

Apr 4, 1945

It is not really of any great importance.

Apr 4, 1945

It may be in another week or ten days.

Apr 12, 1945

The work, my friends, is peace.

Apr 9, 1945

The Secretary of the Interior shall make employment available and provide protection to all employees working at such mines.

Other voices in this conversation

FDR: “Well, your profits are going to be cut down to a reasonably low level by taxation.”